Press //
HW advises on the mandatory unconditional cash offer of DL Holdings Group Ltd
Submitted by // C Yu, Partner
20 March 2020


Howse Williams ("HW"), a leading Hong Kong independent law firm, advised DA Wolf Investments I Limited ("DA Wolf") as the Hong Kong legal counsel in the acquisition of the controlling stake and mandatory unconditional cash offer (the "Offer") of DL Holdings Group Limited (formerly known as Season Pacific Holdings Limited) (Stock Code: 1709) ("DL Holdings"), which shares are listed on the Main Board of the Hong Kong Stock Exchange. HW also advised on the financing of the Offer. The financial adviser to DA Wolf was Kingston Corporate Finance Limited. The value of Offer was approximately HK$618 million and was successfully closed on 19 March 2020.

DL Holdings and its subsidiaries are principally engaged in the sales of apparel products with the provision of supply chain management total solutions to customers and provision of financial services.

The HW team was led by partner, Christopher Yu who was supported by associates Salina Cheung and Vivian Chik. The team had lead responsibility on legal documentation, providing advice on corporate and regulatory issues, communicating with the financial advisers and undertaking general transaction management.

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Howse Williams is an independent law firm which combines the in-depth experience of its lawyers with a forward thinking approach.

Our key practice areas are corporate/commercial and corporate finance; commercial and maritime dispute resolution; clinical negligence and healthcare; insurance, personal injury and professional indemnity insurance; employment; family and matrimonial; property and building management; banking; fraud; financial services/corporate regulatory and compliance.

As an independent law firm, we are able to minimise legal and commercial conflicts of interest and act for clients in every industry sector. The partners have spent the majority of their careers in Hong Kong and have a detailed understanding of international business and business in Asia.

Disclaimer: The information contained in this article is intended to be a general guide only and is not intended to provide legal advice.  Please contact if you have any questions about the article.